beginner in Crypto

[Kaliandra]

if you are a beginner and have a limited budget, in my opinion you are better off choosing a quality altcoin such as ethereum or it could be like xrp, because investing in these altcoins is not too high a risk. because in my opinion the most important investment is quality.

but if you are interested in buying nft, if you think that's the best decision there's no problem.

[Kelvinid]

As a beginner in Crypto with a limited budget would you recommend purchasing the lower priced NFT's?

I tell you that many investors had lost their money due to the wrong choice of projects to invest in. Many people think investing in a coin without potential will make them profitable. I have that kind of mistake before, I bought some coins (shitcoins now) with low volume and cheap price but was never given the chance to sell them at least I could get my capital and I lose.

If you are aiming for a profit OP a reason why you are here - I'd tell you that better choose valuable coins than cheap NFT (or any coins) as it will give you some profit assurance. In fact, you can apply DCA strategy if your funds is small rather than spending your $100 to nothing.

[bitgolden]

As a beginner in Crypto with a limited budget would you recommend purchasing the lower priced NFT's?

for me NFT is really just a trend and it can end, it is not eternal, like bitcoin or ethereum. we must be able to make the most of the moment when buying or selling NFTs. but if you are sure to invest in NFTs, then there is nothing wrong with your belief, as long as you manage your funds wisely. different from bitcoin for example, we will wait until it is safer to hold in the crypto world, and of course this is an investment with the largest allocation of funds than we have, so it doesn't interfere with our personal finances

That is true, bitcoin is here to stay, in 10-20 years bitcoin will still be around whereas I think NFT will not be even remembered by that point, even if it does, it won't be something we love to invest into. I can't say exactly when it will end, maybe it already ended, maybe it will end after the next bubble, but it won't go on forever like bitcoin could.

The reason why bitcoin will go on is the fact that it's a decentralized project that is equal to everyone, NFT's were created by others and even though they are rare, they are worthless unless you consider them as worthy of your money. I could pay something a million dollars, doesn't make its value a million dollars, just its price, if I try to sell it to others and fail, then it wasn't worth it at all.

[o48o]

As a beginner in Crypto with a limited budget would you recommend purchasing the lower priced NFT's?

If you need to ask that there's almost zero percent change you would find a one that would make you any money. I don't know what your limited budget is but sounds like you would spend most of it to eth fees. And with other chains there's even lower changes of finding a winner. And you most likely wouldn't have liquidity, you would just set a sell order and most likely someone wouldn't buy it. In fact the altcoin you are using to buy and sell nfts has way more changes to give you profits. But that's just my opinion.

[Silberman]

actually with a limited money I would recommend altcoins that are still cheap, and in my opinion you should choose altcoins that are still cheap but have good potential for the future
and in my opinion the prices for altcoins that are still cheap are like, there is cardano. because there is cardano, the price is still cheap but has good potential for the future.

Look at the market cap of a coin and not at just the price, Cardano is a good investment but make no mistake it has a market cap of almost 14 billion, an amount that is enormous and as such despite the cheap price of each unit its growth is limited due to the massive market cap, besides I would not recommend anyone invests in Cardano until they have invested enough money in bitcoin and ethereum, as refusing to do this is a mistake as they are by far the two best coins in this market.

[Supianto]

actually with a limited money I would recommend altcoins that are still cheap, and in my opinion you should choose altcoins that are still cheap but have good potential for the future
and in my opinion the prices for altcoins that are still cheap are like, there is cardano. because there is cardano, the price is still cheap but has good potential for the future.

The cheaper and younger a coin - the higher the risk of buying it. I'd say buying small amounts of BTC and ETH for the beginner is a good choice.

[sulendra12]

As a beginner in Crypto with a limited budget would you recommend purchasing the lower priced NFT's?

No. Lower priced NFTs doesn't mean it's good to put your money into it.

If you are a beginner of crypto and interested in investing/trading your money into it, then just go put your money into Bitcoin while you learn about basic fundamentals of trading/investing before going any further from that. NFTs nowadays are slow rugs and even most of the users out there who investing in NFTs are still suffered in losses because it depends on hype only. Just invest on Bitcoin and call it a day.

[Bitcoin_people]

As a beginner in Crypto with a limited budget would you recommend purchasing the lower priced NFT's?

If you plan to invest for a short period of time. Then I want to tell you to invest in Alt Coins. Because you won't get good amount of money by investing in Bitcoin for short period of time. Rather if you want to invest for long term. Then I will tell you about Bitcoin. Investing in Bitcoin has the potential to brighten your life in the future. But if you invest in NFT or altcoin then your money is at a lot of risk. So you can invest knowingly without knowing that there is a possibility of losing money.

[Natalim]

As a beginner in Crypto with a limited budget would you recommend purchasing the lower priced NFT's?

I think you need to learn more about NFT and study their performance. I know it was indeed to have a good start but the trend has changed it is getting worse day by day. If you plan to invest in lowered-priced NFTs, then I would say that you are also wanting to lose your money with them. You are saying that you only have a limited budget and it was not a problem, you can buy potential coins with the use of the DCA strategy. Stop looking for cheap coins because it shows that these coins have no market value and investors are rejected them already, How to make fortune with them? Nothing...

[evichi]

As a beginner, I suggest you know the basics of the usual coins and altcoins - know more about wallets, etc. Be careful with NFTs, because you are not sure you can sell it at all, much more selling at a good price. Selling NFTs is not the same as selling Bitcoin or popular altcoins which you can easily sell. More so you may be buying a fake NFT. Have you done a detailed research about the NFT? In my opinion, I suggest you buy Bitcoin and prepare to hold for long, or Ethereum, but do detailed research and hold for long. Or perhaps you should learn to trade. But take note: only invest the amount of money you can afford to lose, and don't put all your egg in one basket.

[Silberman]

As a beginner in Crypto with a limited budget would you recommend purchasing the lower priced NFT's?

I think you need to learn more about NFT and study their performance. I know it was indeed to have a good start but the trend has changed it is getting worse day by day. If you plan to invest in lowered-priced NFTs, then I would say that you are also wanting to lose your money with them. You are saying that you only have a limited budget and it was not a problem, you can buy potential coins with the use of the DCA strategy. Stop looking for cheap coins because it shows that these coins have no market value and investors are rejected them already, How to make fortune with them? Nothing...

Just as many other crazes we have seen over the years NFTs were big for a very short period of time and since then they are ignored by most investors, it is simply too late for anyone to think about making money with those coins, investors have realized that even the images and videos which were very famous at the time have lost most of the supposed value they had, so any images being sold today do not have anywhere near close to that fame, making them even more useless as investments.

[posi]

As a beginner in Crypto with a limited budget would you recommend purchasing the lower priced NFT's?

As a newbie and with small capital, I believe you are not ready to accept losses, so I would advise you to stay away from NFT or any altcoin projects. You should focus on bitcoin, although it won't make you rich quickly, it will keep you safe, and you won't suffer losses or shock when you first enter the market. What you need now is knowledge, as long as you have knowledge of the market, I believe you will find the investment you need most without the advice of others.

[Xal0lex]

As a newbie and with small capital, I believe you are not ready to accept losses, so I would advise you to stay away from NFT or any altcoin projects. You should focus on bitcoin, although it won't make you rich quickly, it will keep you safe, and you won't suffer losses or shock when you first enter the market. What you need now is knowledge, as long as you have knowledge of the market, I believe you will find the investment you need most without the advice of others.

You can't make a lot of money on bitcoin with a small capital, so the caveat of all altcoins is definitely not going to help you somehow multiply that capital. If we are talking about capital preservation, then bitcoin is quite suitable for this purpose. But if we are talking about making money from cryptocurrencies, then investing a small deposit in bitcoins is not really effective. Altcoins grow much more efficiently, but you should understand what you invest in.

[bhooscream]

As a beginner in Crypto with a limited budget would you recommend purchasing the lower priced NFT's?

If you only have a limited budget, why should you invest in NFT? Good NFT will have a high price, on the other hand, low-price NFT may end as shit NFT like shit coins in the cryptocurrency. I think it is better too little by little invest in Bitcoin. If it is too small, you may choose top altcoins that will have a higher chance to rise up in the future. At least, it is in the top 10. But, it is also risky. Investing in cryptocurrency is all risk, so it will depend on how you want to take the risk and how able you are.

[shinratensei_]

As a beginner in Crypto with a limited budget would you recommend purchasing the lower priced NFT's?

If you only have a limited budget, why should you invest in NFT? Good NFT will have a high price, on the other hand, low-price NFT may end as shit NFT like shit coins in the cryptocurrency. I think it is better too little by little invest in Bitcoin. If it is too small, you may choose top altcoins that will have a higher chance to rise up in the future. At least, it is in the top 10. But, it is also risky. Investing in cryptocurrency is all risk, so it will depend on how you want to take the risk and how able you are.

right? all these investments yet someone might still choose NFT is just honestly doesn't make sense.
the thing is that NFT trend could be pretty much thing of the past right now, if I have small capital I'd definitely never ever think of investing in NFT better investing in bitcoin and ethereum that guarantees.
i'd say even if there's ultra cheap NFTs that was famous NFTs in the past, it still have good chance of just turning zero, the liquidity is limited, even I doubt there's any liquidity left or someone still willing to own these NFTs.
for me NFT is like the last thing i'd invest ever nowadays.

[Pandji02]

As a beginner in Crypto with a limited budget would you recommend purchasing the lower priced NFT's?

If you only have a limited budget, why should you invest in NFT? Good NFT will have a high price, on the other hand, low-price NFT may end as shit NFT like shit coins in the cryptocurrency. I think it is better too little by little invest in Bitcoin. If it is too small, you may choose top altcoins that will have a higher chance to rise up in the future. At least, it is in the top 10. But, it is also risky. Investing in cryptocurrency is all risk, so it will depend on how you want to take the risk and how able you are.

right? all these investments yet someone might still choose NFT is just honestly doesn't make sense.
the thing is that NFT trend could be pretty much thing of the past right now, if I have small capital I'd definitely never ever think of investing in NFT better investing in bitcoin and ethereum that guarantees.
i'd say even if there's ultra cheap NFTs that was famous NFTs in the past, it still have good chance of just turning zero, the liquidity is limited, even I doubt there's any liquidity left or someone still willing to own these NFTs.
for me NFT is like the last thing i'd invest ever nowadays.

Yeah, for me too. NFT looks like a not really profitable and attractive market now. It has high risk and low reward, no point in investing in it, especially if you're a newbie.

[livingfree]

Yeah, for me too. NFT looks like a not really profitable and attractive market now. It has high risk and low reward, no point in investing in it, especially if you're a newbie.

Before it was too profitable.

But we have to accept the fact that it's no longer the hottest thing in the crypto market now. Yeah, before it was once at the peak but it's at its lowest now.

And we don't know if it's going to be up again when the bull run is back. Just to give you some idea, do not expect a lot of things from it because it hasn't got the same hype as before.

[Ziskinberg]

Yeah, for me too. NFT looks like a not really profitable and attractive market now. It has high risk and low reward, no point in investing in it, especially if you're a newbie.

Before it was too profitable.

But we have to accept the fact that it's no longer the hottest thing in the crypto market now. Yeah, before it was once at the peak but it's at its lowest now.

And we don't know if it's going to be up again when the bull run is back. Just to give you some idea, do not expect a lot of things from it because it hasn't got the same hype as before.

A project that has been hyped can no longer be expected to keep on hyped for a long time but only it stays for just a while and losses its popularity.
I admit that I'm investing in a few NFTs during their peak period but never I think to hold them and sell them in a few weeks. Thinking about investing them today is gonna be worthless, we can't assure ROI but possibly it becoming shitcoins. I just recall what happen to ICO before, they seem too hot but in the years coming, they lose their value and become rejected. This can possibly happen to NFT.

[livingfree]

Yeah, for me too. NFT looks like a not really profitable and attractive market now. It has high risk and low reward, no point in investing in it, especially if you're a newbie.

Before it was too profitable.

But we have to accept the fact that it's no longer the hottest thing in the crypto market now. Yeah, before it was once at the peak but it's at its lowest now.

And we don't know if it's going to be up again when the bull run is back. Just to give you some idea, do not expect a lot of things from it because it hasn't got the same hype as before.

A project that has been hyped can no longer be expected to keep on hyped for a long time but only it stays for just a while and losses its popularity.
I admit that I'm investing in a few NFTs during their peak period but never I think to hold them and sell them in a few weeks. Thinking about investing them today is gonna be worthless, we can't assure ROI but possibly it becoming shitcoins. I just recall what happen to ICO before, they seem too hot but in the years coming, they lose their value and become rejected. This can possibly happen to NFT.

Hype is temporal and that's why those projects that have been built through it, didn't last long. I'm not telling that all NFTs are shit, there could really be a very few of them that might be worth to take a shot but it's like random, totally luck is what you need on it.

It's because there could be some sales like this[1].

[1] Giannis Antetokounmpo’s NFT Sells For $187K, Becomes Highest Sale On Sorare NBA

[darewaller]

A project that has been hyped can no longer be expected to keep on hyped for a long time but only it stays for just a while and losses its popularity.
I admit that I'm investing in a few NFTs during their peak period but never I think to hold them and sell them in a few weeks. Thinking about investing them today is gonna be worthless, we can't assure ROI but possibly it becoming shitcoins. I just recall what happen to ICO before, they seem too hot but in the years coming, they lose their value and become rejected. This can possibly happen to NFT.

Bitcoin, ETH and other top altcoins have been on this phase. They sure lost their charm after some time but at least they haven't died permanently. They are still here and they are still shining whenever the bull run comes. I only want to say that it's not about the hype but it's about how valuable the project is. Not all NFT's are the same. Some are just plain images but some have a good use case. We only need to check them properly if they are worth to invest for the long term or not.

We cant compare ICO to them because both are just different. ICO is only a term for funding a project. They are gone replaced by a much better and safer way to fund a project but it doesn't mean that there are no more low quality and scam projects.